College 4 (Marcel Kuiper)

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Cursus Productmanagement Marcel Kuiper www.devereenvoudiger.nl De Vereenvoudiger Innomics Startup bootcamp / Innoleaps SNSReaal IG&H Management Consulting Universiteit Utrecht

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  • Cursus Productmanagement!

    Marcel Kuiper www.devereenvoudiger.nl

    De VereenvoudigerInnomicsStartup bootcamp / InnoleapsSNSReaalIG&H Management ConsultingUniversiteit Utrecht

  • Customer Discovery What is the problem and who is the customer?

    Marcel Kuiper

    Utrecht2016

  • Develop technology /

    product

    Create Marketing

    Position

    Create Sales Plan

    Bring to Market

    How do you create a blockbuster new product?!

    IDEA

  • Average 17%[email protected] 25%AbbieGriffin.Dr[email protected]on.1997.

    59%

    [email protected] 77%

    Frost&Sullivan.GrowthProcessToolkit:NewProductDevelopment.2008 0.3%Frost&Sullivan.GrowthProcessToolkit:NewProductDevelopment,2008. 1%AndrewCampbellandRobertPark.StopKissingFrogs.HarvardBusinessReview.July-August2004.

    1%

    [email protected]2004 3%CorporateStrategyBoard.StallPoint[email protected]on.page5.

    5%

    AndrewCampbellandRobertPark.StopKissingFrogs.HarvardBusinessReview.July-August2004.

    10%

    KevinClancyandRandyStone.DontBlametheMetrics.HarvardBusinessReview.June2005. 10%CorporateStrategyBoard.OvercomingStallPoints.2006. 10%PricewaterhouseCoopers.ShakingtheMoneyTree.Slide33.USVentureLiquidity,2001-2007.Q32008.

    11%

    Product success.!

  • Develop technology /

    product

    Create Marketing

    Position

    Create Sales Plan

    Bring to Market

    How do you create a blockbuster new product?!

    XXX X

  • Search Execution

    Goal: Find a repeatable and scalable business

    Goal: Execute on a givenbusiness, financial, and

    operating plan

    Two different worlds.!

  • Build, Measure, Learn!

    In large companies, the mistakes just have additional zeros in them.

    Steve Blank

  • Search

    Customerdiscovery

    Customervalidation

    Pivot

    Problem / Solution Fit Product / Market Fit

    Steps to take.!

  • Functional!

    Emotional!

    Social!

    Customer Jobs!

  • Exercise!

  • Growa

    Crop

  • Assess crops for revenue potential

    Determine the soil

    condition

    Determine which

    crops to grow

    Prepare the soil

    Plant the seed

    Get the crop

    established

    Protect the crop

    from weeds

    Protect the crop from

    severe weather

    Ensure proper nutrition

    Estimate crop yield

    Identify crop

    growth issues

    Correct crop

    growth issues

    Correct soil

    moisture levels

    Prepare the crop

    for harvest

    Harvest the crop

    Manage crop

    residue

    Condition the

    harvest

    Store the harvest

    Assess crop yield

    Assess crops for revenue potential

    Determine the soil

    condition

    Determine which

    crops to grow

    Prepare the soil

    Plant the seed

    Get the crop

    established

    Protect the crop

    from weeds

    Protect the crop from

    severe weather

    Ensure proper nutrition

    Estimate crop yield

    Identify crop

    growth issues

    Correct crop

    growth issues

    Correct soil

    moisture levels

    Prepare the crop

    for harvest

    Harvest the crop

    Manage crop

    residue

    Condition the

    harvest

    Store the harvest

    Assess crop yield

    Protect the crop

    from pests

    5. goal: get the entire job done

    1. customer perspective

    2. ideal job3. beginning

    middle and end

    4. no solutions

    6. action

  • Exercise:!!

    Create your job map!

  • If your customer is everybody!your customer is nobody!

  • Which customers do you talk with?!

    Innovators

    Early Adopters!

    Early Majority

    Late Majority

    Laggards

    16%34%34%13,5%!2,5%

    Innovation Adoption Lifecycle

  • Segment

    Multiply

    S P A

    Size of the market Pay: How much will customers payAccess: How much access do you have to the customers?

    Overweight

    1st marathon runner, joined training team

    Supermodel

    Bride before a wedding

    1

    1

    1

    2

    3

    3

    3

    3

    2

    1

    2

    2

    6

    3

    6

    12

    ize ay ccess

    Job: To lose weight

    3 = Large2 = Medium1= Small

    3= A lot2 = Some1 = A little

    3 = Hours2= Days1= Weeks

    Exercise segmentation 1: SPA Treatment!

  • SCALE Your Segments

    S C A L E

    Description

    Segments3=2=1=

    3=2=1=

    3=2=1=

    3=2=1=

    3=2=1=

    Overweight

    1st marathon runner, joined training team

    Supermodel

    FitBit owners comparing apps on ProductHunt

    LargeMediumSmall

    Size of market

    How much currency do they have?

    A lotSomeA little

    How much do you want to serve this group for the next 5 years?

    A lotSomeA little

    How much data do you have that they are trying to solve this problem?

    A lotSomeNone

    If the product were ready, how quickly could you get currency?

    DaysWeeksMonths

    2

    1

    1

    2

    3

    3

    3

    3

    2

    1

    2

    2

    1

    1

    2

    1

    1

    2

    2

    3

    12

    6

    24

    36

    Multiply

    ize urrency ccess ove arly Adopter

    Job:I want to lose weight

    Exercise segmentation 2: SCALE!

  • Who should do customer interviews!

  • Preparing for an interview!

    Learning Goal Curiosity Focus on Problems Neutrality Past or Present Specificity

  • Quiz: Good question / Bad question!

  • Exercise: questions!

  • Search

    Customerdiscovery

    Customervalidation

    Pivot

    Problem / Solution Fit Product / Market Fit

  • ExperimentMinimum

    ViableProduct

  • Goal of a test!

    Build Measure Learn

    Focus onlearning, not

    growing or money

    Fail Fast

    Learn

  • Exercise!!

    Formulate your hypothesis and!Brainstrom on experiments !

    you want to run!

  • A landing page!

  • Exercise: BUILDING YOUR MVP!

  • Emotional design

    Usable

    Reliable

    Functional

    Emotional design

    Usable

    Reliable

    Functional

    This!

    Not This!

  • Search

    Customerdiscovery

    Customervalidation

    Pivot

    Problem / Solution Fit Product / Market Fit

  • Eric Ries, The Lean Startup

    !!

    The only way to win is to learn faster than anyone else.